{
  "id": 3924140,
  "title": "Stripe, Advent’s PayPal acquisition plans reportedly fall through",
  "url": "https://urgent.news/2026/08/28/stripe-advents-paypal-acquisition-plans-reportedly-fall-through",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-28T07:54:59.000Z",
  "source": {
    "name": "Silicon Republic",
    "slug": "silicon-republic",
    "url": "https://www.siliconrepublic.com/business/stripe-advents-paypal-acquisition-plans-reportedly-falls-through"
  },
  "original_language": "en",
  "account": "PayPal turned down a takeover bid from Stripe and private equity firm Advent International last month, citing concerns over the offer's undervaluation, according to Bloomberg News. The deal fell through, as reported by Bloomberg. The potential acquisition, valued at $60.50 per share, would have priced PayPal at over $53 billion, a 28% premium to its mid-July share price. Despite the rejection, PayPal's shares surged nearly 10% in the past month, reaching a market capitalization of $52.5 billion. The fintech also reported a 5% increase in net revenue in the second quarter. Earlier this year, PayPal appointed Enrique Lores as its new CEO, replacing Alex Chriss, whose performance was deemed unsatisfactory. Talks of a Stripe acquisition of PayPal had been ongoing for months.",
  "summary": "PayPal reportedly rejected a takeover offer last month over concerns it undervalued the fintech. Read more: Stripe, Advent’s PayPal acquisition plans reportedly fall through",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 10,
    "also_reported_by": [
      {
        "outlet": "Channel News Asia",
        "title": "Advent, Stripe consortium is said to drop pursuit of PayPal, Bloomberg News reports",
        "url": "https://urgent.news/2026/08/28/advent-stripe-consortium-is-said-to-drop-pursuit-of-paypal-bloomberg",
        "published": "2026-08-28T01:50:49.000Z"
      },
      {
        "outlet": "Economic Times Tech",
        "title": "Advent, Stripe consortium is said to drop pursuit of PayPal",
        "url": "https://urgent.news/2026/08/28/advent-stripe-consortium-is-said-to-drop-pursuit-of-paypal",
        "published": "2026-08-28T02:20:57.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Advent, Stripe drop $50 bln pursuit of PayPal, Bloomberg reports",
        "url": "https://urgent.news/2026/08/28/advent-stripe-drop-50-bln-pursuit-of-paypal-bloomberg-reports",
        "published": "2026-08-28T02:37:45.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "Advent, Stripe abandon $63.5b pursuit of fintech pioneer PayPal",
        "url": "https://urgent.news/2026/08/28/advent-stripe-abandon-63-5b-pursuit-of-fintech-pioneer-paypal",
        "published": "2026-08-28T02:45:00.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Advent, Stripe abandon US$50 billion pursuit of PayPal: Bloomberg",
        "url": "https://urgent.news/2026/08/28/advent-stripe-abandon-us-50-billion-pursuit-of-paypal-bloomberg",
        "published": "2026-08-28T03:10:40.000Z"
      },
      {
        "outlet": "Seeking Alpha News",
        "title": "Stripe, Advent abandon pursuit to acquire PayPal: report",
        "url": "https://urgent.news/2026/08/28/stripe-advent-abandon-pursuit-to-acquire-paypal-report",
        "published": "2026-08-28T04:39:22.000Z"
      },
      {
        "outlet": "Handelsblatt",
        "title": "Zahlungsdienst: Advent und Stripe geben offenbar Übernahme von Paypal auf",
        "url": "https://urgent.news/2026/08/28/zahlungsdienst-advent-und-stripe-geben-offenbar-ubernahme-von-paypal",
        "published": "2026-08-28T04:41:29.000Z"
      },
      {
        "outlet": "Nasdaq Markets",
        "title": "Advent, Stripe Reportedly Drop PayPal Pursuit; PayPal Shares Drop",
        "url": "https://urgent.news/2026/08/28/advent-stripe-reportedly-drop-paypal-pursuit-paypal-shares-drop",
        "published": "2026-08-28T06:16:39.000Z"
      },
      {
        "outlet": "Private Equity Wire",
        "title": "Advent and Stripe abandon $53bn PayPal takeover",
        "url": "https://urgent.news/2026/08/28/advent-and-stripe-abandon-53bn-paypal-takeover",
        "published": "2026-08-28T07:53:42.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}